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March 29, 2024

Posts tagged "best data science courses"
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How Accounting Firms Will Be Affected by Big Data in 2023

  Today, as technology advances throughout practically all sectors of the economy, the accounting business is also undergoing a substantial transition by advancing using conventional techniques. Therefore, to stay one step ahead of their competitors in the financial industry, industry professionals need to stay current with cutting-edge technologies. Big accounting companies have already begun using technology like Big Data, Robotics, and Artificial Intelligence (AI) in their business models to achieve this. Big Data in Accounting Big data has the most impact on the accounting business of all the current hot topics. It contributes to better data-driven audits that benefit both clients and auditors. Big data assist in the tax process by evaluating tax codes, reducing fraud, and monitoring budget and tax spending, which helps filers save time, money, and worry. The advice industry contributes to developing better reports, question identification, and monitoring. Finance also aids in the creation of stronger financial reporting and analytical models. As a result, it is one of the most important technologies that accountants should incorporate into their operational procedures. But what exactly is big data, and how does it work in real life? Big Data is characterized as enormous collections of unstructured data collected from […] read more
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Resolving Traffic Congestion Problems With Big Data And Data Science

  It is well known that traffic management in developing nations is difficult to resolve for various reasons, including political and financial reasons. Fortunately, the technical or scientific dimensions of this problem are far simpler to solve than the other dimensions. I’m going to use this blog series as an opportunity to share some of the knowledge I gained while creating an ITS for the city of Ho Chi Minh City (HCMC). In the coming blogs, I’ll discuss some of the statistical methods employed and how “big data” was used to tackle this difficult issue; many of these methods are also useful for tackling business issues that arise in the real world. As many of you may be aware, HCMC is one of SE Asia’s largest and busiest cities, with one of the region’s most intricate traffic systems and patterns, including a high density of motorcycles. In addition, several of the city’s main thoroughfares lack lanes, creating congestion hotspots that only worsen during peak rush hours. As a result, it is increasingly difficult to acquire traffic data due to its complexity. Therefore, an Intelligent Transportation System (ITS) is a promising remedy for handling such complexity. ITSs have been created and […] read more
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